ASIC has cancelled PMIIG’s AFSL after it was found incompetent in providing financial services covered by its licence. ...

ASIC has cancelled the Australian financial services licence of a Sydney-based firm, Edwards Benefits for breaching key obligations....

A firm has launched a series of packages for accountants who wanted technical training, compliance documents, and templates for their limited AFSLs. ...

Contrary to accountants’ fears that financial planning firms would take a clip of their fees, GPS Wealth suggested the two professions working together could increase pro...

ASIC has cancelled ICBC Capital’s Australian financial services licence following the application made by one of the company’s creditors....

ASIC has removed additional conditions it imposed on Macquarie Bank’s AFSL after a review by KPMG found no additional breaches to those the bank had already reported. ...

Mike Taylor writes that ASIC’s proposal for a regulatory sandbox may prove to be a decisive element in the growth of Australian fintechs....

ASIC has formally canvassed the use of a “regulatory sandbox” approach which would allow fintech companies to test products for six months without an AFSL....

ASIC has suspended Marigold Falconer International’s AFSL after it failed to have a current indemnity insurance and lodge financial statements on time....

ASIC has accepted an EU from an accounting and tax advisory firm for giving inappropriate advice to clients to set up SMSFs. ...

Serious structural flaws have been identified as inhibitors to accountants participating in the new limited licensing regime....

Macquarie has applied to the AAT to review ASIC’s decision to impose conditions on its AFSL following investigations into breach reports relating to client money provisio...

ASIC has accepted EU from Sino Investment Services and its sole director after concerns over its compliance with financial services laws....

Accountants who do not obtain a limited AFSL before 1 July 2016, could be forced to wait until 2019 to provide SMSF advice, a legal expert warns....